2/2 © Reuters. FILE PHOTO: Gilead Sciences Inc pharmaceutical company is seen during the outbreak of the coronavirus disease (COVID-19), in California 2/2 By Paul Sandle and Pamela Barbaglia LONDON (Reuters) – Britain’s AstraZeneca Plc (L:) has approached U.S. rival Gilead Sciences Inc (O:) about a possible merger that wouldRead More →
There may be a thaw in HP Inc.’s takeover standoff with Xerox Holdings Corp. During a call with reporters and analysts ahead of the release of its first-quarter earnings Monday, HP’s HPQ, -2.64% two highest-ranking executives left open the door to a combination with the printing company, but only underRead More →
© Reuters. A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration By Diane Bartz and Greg Roumeliotis (Reuters) – A U.S. district judge is expected to rule in favor of allowing Sprint (N:) and T-Mobile (O:) to merge, overRead More →
MILAN (Reuters) – Mediaset (MI:) will submit revised plans to merge its Italian and Spanish broadcasting units (MC:) under a Dutch entity to authorities in the Netherlands, securing a six-month extension to complete the project, two sources familiar with the matter said. The extension could help the group deal withRead More →
© Reuters. A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration By Arriana McLymore and Sheila Dang NEW YORK (Reuters) – U.S. wireless carriers T-Mobile US Inc (O:) and Sprint Corp (N:) are expected to urge a federal judgeRead More →
Fiat Chrysler Automobiles NV and Peugeot SA have signed a binding agreement to move forward with their $50 billion tie up, the two companies said Wednesday. The Wall Street Journal reported Tuesday that Peugeot’s UG, +2.31% board backed a binding merger agreement with Fiat Chrysler FCA, +0.79% FCAU, +1.52%. TheRead More →
(Reuters) – CBS Corp (NYSE:) and Viacom Inc completed their merger on Wednesday, reuniting media mogul Sumner Redstone’s U.S. entertainment empire. The combined entity, ViacomCBS Inc , is controlled by National Amusements Inc, the holding company owned by billionaire Sumner Redstone and his daughter, Shari. The third attempt at aRead More →
Getty Images/iStockphoto Get ready for the cross-sell if a Schwab-TD Ameritrade merger happens, some say. If Charles Schwab Corp. acquires TD Ameritrade Holdings, that’s one less discount brokerage firm to choose from — and, experts say, one more reminder that consolidation can have consequences for average investors. Schwab SCHW, +0.35%Read More →
© Reuters. Logo of Line Corp is seen at the company’s headquarters in Tokyo TOKYO (Reuters) – SoftBank’s Yahoo (NASDAQ:) Japan, one of Japan’s top internet firms, confirmed it is in talks to merge with Line Corp (T:), a $27 billion union that would bring the messaging app operator underRead More →
MILAN (Reuters) – Fiat Chrysler (MI:) and Peugeot owner PSA (PA:) aim to sign a final merger agreement as early as the beginning of next month, a source familiar with the matter said on Saturday. The two automakers said earlier this week they planned to join forces in a 50-50Read More →
© Reuters. FILE PHOTO: A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration WASHINGTON (Reuters) – Pennsylvania is joining more than a dozen states that have filed a lawsuit aimed at stopping T-Mobile US’s $26 billion purchase of Sprint,Read More →
Apple Inc. and the Walt Disney Co. could have merged had Steve Jobs not died, Disney Chief Executive Bob Iger believes. Vanity Fair on Wednesday published an excerpt from Iger’s upcoming autobiography, in which he detailed his close relationship with Jobs, who died of cancer in 2011. It was thatRead More →
© Reuters. Chairman Ajit Pai speaks ahead of the vote on the repeal of so called net neutrality rules at the Federal Communications Commission in Washington By David Shepardson WASHINGTON (Reuters) – Federal Communications Commission chairman Ajit Pai on Friday sought approval from his colleagues to order the go aheadRead More →
© Reuters. Philip Morris International’s research and development headquarters are pictured next to the company’s cigarette factory in Neuchatel By Uday Sampath Kumar (Reuters) – Philip Morris International Inc (N:) and Altria Group Inc (N:) are discussing an all-stock merger, potentially reuniting two of the world’s largest tobacco companies inRead More →
© Reuters. A smartphones with Sprint logo are seen in front of a screen projection of T-mobile logo, in this picture illustration (Reuters) – An attorney for a group of 13 state attorneys general who filed a lawsuit in hopes of stopping T-Mobile U.S. Inc’s (O:) $26 billion merger withRead More →
WASHINGTON (Reuters) – An attorney for the state attorneys general who filed a lawsuit in hopes of stopping T-Mobile’s $26 billion merger with Sprint told the judge on Monday that an Oct. 7 trial may not be possible. In a letter to Judge Victor Marrero on Monday, attorney Glenn PomerantzRead More →
© Reuters. Investing.com – Symantec (NASDAQ:) plunged on Monday after merger talks with Broadcom (NASDAQ:) reportedly fell through as the two parties failed to reach an agreement on price. Broadcom (NASDAQ:) reduced its $28.25-a-share offer for Symantec to below $28 a share following a closer examination of the cybersecurity company,Read More →
© Reuters. FILE PHOTO: Federal Communications Commission (FCC) commissioner Jessica Rosenworcel attends a FCC Net Neutrality hearing By David Shepardson WASHINGTON (Reuters) – The senior Democrat on the Federal Communications Commission on Wednesday criticized the FCC’s review of the proposed $26.5 billion tie-up of Sprint Corp and T-Mobile US Inc,Read More →
© Reuters. Investing.com – T-Mobile and Sprint tumbled on Tuesday, as the proposed merger between the two wireless companies suffered a setback amid reports that at least 10 US attorneys general are suing to stop the merger. Sprint (NYSE:) shares slumped 6.1% while T-Mobile US (NASDAQ:) slipped 1.9%. The suitRead More →
© Reuters. FILE PHOTO: The logos of Renault and Fiat carmakers are seen in Nice By Laurence Frost PARIS (Reuters) – Fiat Chrysler said on Wednesday it was withdrawing its $35 billion merger offer for Renault (PA:), calling off what would have been a landmark deal to create the world’sRead More →
© Reuters. FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign at its U.S. headquarters in Auburn Hills, Michigan By Laurence Frost PARIS (Reuters) – Fiat Chrysler is discussing a Renault (PA:) special dividend and stronger job guarantees in a bid to persuade the French government to back its proposed mergerRead More →
The financial-technology merger frenzy continued on Tuesday, as Global Payments Inc. officially announced a $21.5 billion all-stock deal for Total System Services Inc. The deal is the third such combination to be announced in the payments industry this year that is focused on creating a two-party platform that can serveRead More →
Reuters A projection of the composition of the next European Parliament is seen on a screen during of the final estimation of the results of the European Parliament election in Brussels, Belgium, May 27, 2019. REUTERS/Yves Herman European stock markets traded higher on Monday, driven in part by relief thatRead More →
Renault SA and Fiat Chrysler Automobiles NV have discussed the possibility of a merger as they explore options for combining their businesses, according to people familiar with the matter. Talks between the two sides were in an advanced stage on Sunday and included a range of possible outcomes, the peopleRead More →
A merger between Sprint Corp. S, +18.77% and T-Mobile US Inc. TMUS, +3.30% may be back on track — and, for their customers, that’s certainly something to phone home about. Sprint and T-Mobile announced last year that the two companies’ boards had approved a $26-billion, all-stock merger. Speculation had mountedRead More →
